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1501. Inflation rate in Cyprus expected to fall to 8.3%

Euro area annual inflation is expected to be 10.0% in November 2022, down from 10.6% in October according to a flash estimate from Eurostat, the statistical office of the European Union....

1502. Cyprus scolded for failing to transpose EU laws

The European Commission has sent letters of formal notice to Cyprus for having failed to notify national measures transposing two directives regarding road safety...

1503. Government owed €16.2m from ineligible first time home buyers

More than 270 people who benefited from the reduced rate of 5% VAT for first-time home buyers, have been found to be ineligible, following checks carried out throughout Cyprus by the Tax Department, and should be charged 19% VAT, totaling €16.2 million announced on Wednesday the Minister of Finance, Constantinos Petrides, after the Council of Ministers. He also announced on-site checks on other categories of taxpayers and types of taxes....

1504. When the ink dries, this will be the new archaeological museum

1505. Fuel price cuts have begun

Following a month of price volatility, the Cypriot market should see a reduction in the cost of motor and heating fuels in the coming days....

1506. Averof: 'Technology firms can't find qualified Cypriot workers'

Averof Neophytou, Presidential Candidate and President of the Democratic Rally, stated after his visit to Murex that the global and Cypriot markets are in need of programmers and technology professionals....

1507. €76.4m profit in first 9 months of 2022 for Hellenic

Hellenic Bank announced a profit of €76.4 million for the first 9 months of 2022. According to the Group Financial Results for the nine-month period, ...

1508. Cyprus leads the EU with nearly 7000 repatriations

The European Commission's High-Level Network on Returns will hold its second meeting in Cyprus on December 1-2....

1509. At least 400 migrant workers died in projects connected to the World Cup

World Cup chief Hassan Al-Thawadi said that between 400 and 500 migrant workers have died as a result of work done on projects connected to the tournament – a greater figure than Qatari officials have cited previously....

1510. Cyprus president wants corruption claims against him investigated

Cyprus’ president on Tuesday called for an independent probe into allegations made by a former aide that he has run a corrupt administration under the influence of Russian oligarchs...

1511. Cybarco launches its podcast ''DESTINATION CYPRUS''

Cybarco Development Ltd, the company behind landmark projects like The Oval, Limassol Marina and Trilogy Limassol Seafront, has launched a podcast dedicated to Cyprus. ...

1512. World's largest crypto exchange platform to set up shop in Cyprus

The FTX bankruptcy scandal a few weeks ago rocked the entire crypto world to its core, after its founder Sam Bankman-Fried, the "wonderboy" of the crypto trading world,...

1513. Economic sentiment slightly down in Cyprus

In November 2022, economic sentiment in Cyprus deteriorated slightly, as the Economic Sentiment Indicator decreased by 0.5 points compared with October 2022, according to the Business and Consumer Survey by the University of Cyprus...

1514. 'DREAM ON DREAMER' for 4 days only in Nicosia

After a successful show in Limassol, the exhibition DREAM ON DREAMER opens in Nicosia only for four days, from 8 until 11 December at A+ Multipurpose Event Space, 266 Ermou Street....

1515. Hawaii: World's largest active volcano erupts

Hawaii’s Mauna Loa, the world’s largest active volcano, has started to erupt, prompting volcanic ash and debris to fall nearby, authorities said Monday....

1516. COVID protests spreading across China

From Shanghai to Beijing, protests have erupted across China in a rare show of dissent against the ruling Communist Party sparked by anger over the country’s increasingly costly zero-Covid policy....

1517. Cyprus wants to get in on fast-track gas to EU

Cypriot President Nicos Anastasiades is calling on Brussels to help encourage companies to move fast and include the island in plans to supply Europe with natural gas from the eastern Mediterranean...

1518. Almost half of nurses and midwives in Cyprus approve of euthanasia

Almost half - 49% - of the members of the Cyprus Nurses and Midwives Association (CyNMA) said they were positive about the possibility of euthanasia for people who are suffering, according to the results of a survey regarding euthanasia, suicide assisted by health professionals and assisted dying....

1519. Prisons are the 'headquarters' of organized crime

The measures taken by the Central Prison Management are neither sufficient nor effective and results in an uncontrolled and extremely dangerous situation that poses risks to the safety and lives of people inside and outside the Prison, ...

1520. Procedures, criminal offender profiles, and the law governing child abuse

The recent news has been overshadowed by new complaints from schoolgirls in Cyprus alleging that their headmaster has harassed them sexually, while in Greece the Aeolus box is opening due to revelations about the "Ark of the World" foundation....

1521. Black Friday: See how the annual shopping event is shaping up (photos)

On Thursday afternoon, sales began to increase significantly, particularly in shopping centers that benefited from favorable weather conditions, however, as of Friday morning, traffic appears to be somewhat subdued, at least in comparison to the corresponding images from 2019....

1522. Black Friday: Up to 70% off all Aegean flights

Aegean Airlines has announced a fantastic Black Friday deal. According to a press release, all flights are discounted by up to -70% today only. It should be noted that the offer applies to all direct and stopover flights....

1523. UN invites divided Cyprus’ leaders to a social

The two community leaders of divided Cyprus will mark the end of 2022 next month during a social event hosted in the UN buffer zone, with the encounter taking place at a time when chances for new peace talks range from slim to none...

1524. Cypriot MEP gets terrorist sticker after Russia vote

Terrorist stickers slapped on doors outside the offices of EU lawmakers who voted against declaring Russia a 'state sponsor of terrorism' prompted Cypriot MEP Niyazi Kizilyurek, who was among those targeted, to argue on Twitter that punishing an entire nation could only escalate the crisis...

1525. Small number of banks meeting new loan demand

The net demand for loans from businesses in Cyprus decreased in the third quarter of 2022, and banks anticipate a similar decline in the net demand for loans from businesses and households in all loan categories in the fourth quarter of 2022 compared to the third quarter. ...

1526. Anastasiades 'moved' by Jewish museum exhibit in Berlin

"The Jewish Museum in Berlin represents the remarkable history of the Jewish community of Germany and no visitor can remain untouched by its core exhibits", Cyprus President, Nicos Anastasiades, said on Thursday after visiting the museum....

1527. Earthquake shakes ground in Paphos

An early morning earthquake was recorded in Paphos on Thursday, with reports saying the activity was felt by local residents...

1528. Cyprus Cocktail Festival - The Christmas Edition

Deejay Radio and Difford's Guide have announced that the CYPRUS COCKTAIL FESTIVAL, which was postponed in October of last year, will return on December 14 in CHRISTMAS MODE....

1529. EC approves 7.75m aid for Cyprus agricultural sector

The European Commission has approved a 7.75 million euro Cypriot scheme to help some agricultural producers through direct grants, in order to deal with the side effects of Russia's invasion of Ukraine....

1530. Brussels urging guidelines for NGO boats in the midst of France-Italy migrant dispute

The European Commission is pushing to create guidelines for the NGO boats rescuing migrants off Europe’s shores as part of a plan to reduce the number of asylum seekers heading to the Continent....